County wants loan to build levee for KiOR plant
by Associated Press
Published: September 10,2012
NATCHEZ — Adams County is applying for a $3 million state loan to help pay for a levee to be built on the site of the former Belwood Country Club.
The levee is part of the county’s commitment to an economic recruiting package to bring alternative fuels company KiOR to Adams County. The Belwood property fills with water during high river stages, and the levee will designed to protect the property from flooding.
The Natchez Democrat reports the levee project is expected to cost up to $6 million. County officials say the remainder of the cost will be financed by bonds.
KiOR plans to build a facility that converts organic matter into liquid fuel. The company’s $350 million investment is expected to generate 320 direct and indirect jobs.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- UPDATED: House subcommittee tosses discrimination elements from religious freedom bill
- Lawmakers debating alternative to Medicaid expansion
- Chris McDaniel gets a thank you note from Travis Childers
- Senate passes teacher pay raise legislation
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Pickering collects more money from failed beef plant project
- States settle with manufacturers in DRAM price-fixing case
- Reactive Surfaces files lawsuit against Toyota in patent dispute
- White House hotel making comeback in Biloxi